Picton Motel Near Interislander & Bluebridge Ferries
Motel
ActiveHospitality & TourismMarlboroughB2C
Asking price
$900,000
Disclosed · NZD
Revenue (est.)
~$620,219
Estimated · comparable listings of this type and size
Earnings (est.)
~$232,907
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established motel business leasehold in the heart of Picton
- South Island ferry gateway for the Interislander and Bluebridge services
- Close to the Marlborough Sounds, a strong visitor drawcard
- Excellent reputation for quality accommodation and guest satisfaction
- Substantial recent upgrades with minimal immediate capital expenditure required
- Diverse accommodation mix from studio units to two-bedroom suites
- Appeals to corporate travellers, families and holidaymakers
- Spacious 3-bedroom, 2-bathroom owner's residence positioned privately behind reception
- Secure long-term lease with approximately 28 years remaining
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